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Vicarious Surgical Inc (RBOT) Q3 2024 Earnings Call Highlights: Strategic Cost Management and ... [Yahoo! Finance]

Vicarious Surgical Inc. Class A (RBOT) 
Company Research Source: Yahoo! Finance
General and Administrative Expenses: $5.7 million, down from $6.9 million in Q3 2023. Sales and Marketing Expenses: $1.2 million, down from $1.4 million in Q3 2023. Adjusted Net Loss: $17 million, or $2.87 per share, compared to $20.4 million, or $3.95 per share, in Q3 2023. GAAP Net Loss: $17.1 million, or $2.90 per share, compared to $15.7 million, or $3.04 per share, in Q3 2023. Cash, Cash Equivalents, and Short-term Investments: $61 million at the end of Q3 2024. Cash Burn: Approximately $12 million for the quarter, on track with projected full-year 2024 cash burn of roughly $50 million. Warning! GuruFocus has detected 3 Warning Signs with RBOT. Release Date: November 12, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Vicarious Surgical Inc ( NYSE:RBOT ) is making significant progress towards delivering the first version of their single port platform, with a cadaver lab scheduled by year-end. The compan Show less Read more
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